Anonymous - 12-7-2005 at 01:09 AM
http://pacific.bizjournals.com/pacific/stories/2005/12/05/da...
Sunterra Corp., which has 11 resort locales on four islands in Hawaii, has bought the Misiones del Cabo Hotel and Resort property in Cabo San Lucas.
The property, at the bottom of the Baja California peninsula, is now slated for a $50 million renovation and build-out. That figure includes $11
million for land.
"This upscale location is a valuable addition to Sunterra's core western U.S. locations in Hawaii, California and Arizona," CEO Nick Benson said
Tuesday.
The largest concentration of Sunterra members is in the western states.